Follow the hot topics in the coin field, find the best deals in real-time. Today is Saturday, January 11, 2025, I'm Van Yibo! GM, friends! ☀Hardcore fan, who stands out👍 Like to make a lot of money🍗🍗🌹🌹


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According to a report published on Friday, the number of non-farm workers increased by 256,000 in December last year, significantly exceeding the forecast of 160,000. However, the data for the previous two months were slightly revised downwards. In December last year, employment growth accelerated and the unemployment rate unexpectedly decreased, marking the end of another year in the labor market. However, it also supports arguments for a gradual slowdown in the Federal Reserve's interest rate cuts. After the data was released, the price of gold briefly fell by nearly $15 but then quickly recovered its position. The dollar index rose by over 50 points temporarily but then lost ground. There is a sell-off in the global bond market, and the yield on US bonds is rising. The yield on US 2-year bonds has reached 4.36%, the yield on US 10-year bonds has reached 4.77%, and the yield on US 30-year bonds exceeds 5%. After the shocking employment data, investors are now focusing on consumer price index (CPI) data, which will be released next Wednesday. It is currently predicted that the Federal Reserve will only make one interest rate cut by 2025, possibly as early as June.
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The overall sentiment of Bitcoin continues to remain mostly bearish, with no significant unilateral movements. In the morning, the price slowly increased, reaching 95200, but faced pressure and dropped back to 92000 due to news. It rose again to 96000 at night and then fell, currently standing at 94800. The daily chart shows a weak state, although there is some short-term reversal, it is not sustained. After three negative days, a correction to the upside occurred on the daily chart. Assessing the current reversal, the weak sentiment remains unchanged. According to the 4-hour chart, although the short-term sentiment has improved somewhat, there is no technical possibility for a decline. Overall, the market may face technical pressure, and the hourly chart already shows reversal signals at the bottom. There is a risk of a short-term correction back, and it is more likely that the market will oscillate for acceptance. This confirms the effectiveness of resistance from above and maintains the pace of the decline. Whether the market will fall again in the future will require further adjustments considering market fundamental factors.
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Ether has become vulnerable again, after breaking through the 3300 level, Ether suffered a defeat, the rebound strength was too weak, and there was no significant increase in volume. The double rebound from the 3320 level yesterday was once again under pressure and declined. From the perspective of weekend movements, it can be said that the range of fluctuations yesterday was too stretched. Support at the bottom level is still oriented towards the majority, hoping for a continuation of the rebound around 3200, while keeping an eye on the fact that the 3550 level is not sustained or broken through, then selling can be considered! The breakthrough may also continue!
BTC0,81%
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